A crypto whale often called the “Trump insider” has deepened his bearish stance on Bitcoin, elevating his brief place to 2,100 BTC price about $227m. The transfer comes as Bitcoin hovers close to $108,000 and merchants debate whether or not the latest rebound has already peaked. Onchain Lens, citing information from Hyperbot, reported that the…
Federal Reserve Governor Michael S. Barr used a keynote at DC Fintech Week to reward Congress for lastly drawing strains round stablecoins—then instantly warned that the brand new legislation’s drafting may open channels for threat and regulatory arbitrage, together with a pathway for Bitcoin-linked devices to take a seat inside stablecoin reserves with solely oblique…
While Bitcoin (BTC) has declined greater than 13% from its recent all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is assured that there’s a 55% likelihood that the BTC prime for this market cycle will not be in but. Bitcoin Top Not In Yet – More Upside Ahead?…
The crypto market’s October hunch simply worsened, dropping by round 3%. Bitcoin slipped underneath $110,000 intraday and Ethereum fell beneath $3,900, dragging most altcoins into the pink as a risk-off wave rippled throughout digital property. The drawdown follows one of many harshest months of the yr. The market has erased roughly $370 billion in worth,…
Bitcoin is as soon as once more underneath strain because the market navigates a risky and unsure part. After briefly reclaiming the $111K stage, the world’s largest cryptocurrency is struggling to keep up $110K as a secure help zone. Sellers are regaining management, and bearish merchants are calling for a deeper retrace towards decrease vary…
Despite a sudden rebound on Monday, the worth of Bitcoin has now fallen under the key $110,000 level after hitting as high as $113,000 final week. As BTC’s value trajectory turns bearish as soon as once more, the market appears to be in a extremely cautious state, as indicated by a drop under BTC’s MVRV…
The Binance Bitcoin (BTC) outflow metric reveals that merchants now favor to maintain relatively than promote, which generally aligns with accumulation phases in market cycles. While each day Bitcoin inflows and outflows alone could not inform the complete story of whether or not the market is on the edge of a breakout towards $130k, data…
The much-anticipated “Uptober” rally is dealing with a check as each Bitcoin and Ethereum spot exchange-traded funds (ETFs) recorded heavy outflows, dampening market sentiment that had constructed round October’s traditionally bullish developments. According to SoSoValue knowledge, Ethereum spot ETFs noticed $145.68 million in internet outflows on October 20, marking their third consecutive day of withdrawals….
Crypto analyst Captain Faibik has predicted that the Bitcoin value might crash to as little as $50,000, representing a 60% crash for the flagship crypto. The analyst defined why he has turned bearish on BTC, whereas declaring that the bull run is over. Why The Bitcoin Price Could Crash To $50,000 In an X post,…
A SpaceX-linked pockets has moved $268 million value of Bitcoin to 2 separate addresses on Tuesday, Arkham data reveals. According to on-chain analyst Ai Yi, the switch from SpaceX account follows a 3-month hiatus. The analyst steered that the transfer is more likely to be an inside administration transfer and never a sale. “In July,…